Insurance & Risk, Analysis, Events and Careers
Risk
Experts at Lloyds are warning that the global obesity epidemic could have hefty implications for insurers claims payouts. Some jurisdictions are attempting to hold fast food restaurants liable for the epidemic, causing pre-emptive obesity legislation to be passed, particularly in the U.S., to mitigate the risk of being held on the hook. In a statement, […]
By Canadian Underwriter | June 14, 2007
1 min read
Canadas insurance regulators are working with the industry to establish a foundation for a new principles-based (as opposed to rules-based) approach to regulation, but that doesnt mean regulators are likely to throw out more prescriptive approaches should they be deemed more appropriate, the executive director of the Financial Services Commission of Ontario (FSCO) told an […]
By Canadian Underwriter | June 12, 2007
2 min read
A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) of Lincoln General Insurance Company and Kingsway Reinsurance Corporation (KRC), a subsidiary of Kingsway Financial Services Inc. (KFSI), under review with negative implications.The under review status of KRC is based upon A.M. Bests opinion that if KRC is further utilized to support […]
By Canadian Underwriter | June 7, 2007
The curtain has lifted on FOCUS Entertainment Insurance Brokers Inc., British Columbias first locally owned and operated insurance brokerage firm exclusively servicing the film industry. Launched by business partners David Hamilton, a senior film insurance broker in Western Canada, and his long-time associate Bob Adams, FOCUS Entertainments primary goal is to service the Vancouver, Calgary […]
Pembridge Insurance Company has moved into Quebec, after the companys official launch in the province today. The launch of Pembridge in Quebec is a hallmark moment for our company, and it is a reflection of our commitment to consumers and the independent broker, Bob Tisdale, the president and chief operating officer, said in a release. […]
By Canadian Underwriter | June 4, 2007
The terms and conditions for both cat risks and non-cat risks in the global property insurance market are changing more rapidly than many would have anticipated a year ago, says a recent Willis Group Holdings Ltd.s property alert.In Willis Property Alert: A Tale of Two Evolving Markets the broker reviewed natural catastrophe losses over the […]
By Canadian Underwriter | June 1, 2007
Politics, more than technology, may be at the root of the industry's struggle to find common ground between the interests of technology vendors, insurance brokers and insurance carriers
May 31, 2007
11 min read
A range of identity theft coverage options exist for home and business owners, and insurance policies generally focus on recouping expenses for those caught in the web of cyber theft. But some people are asking: Is the coverage worth the cost?
9 min read
In a changing world, featuring more frequent and expensive catastrophes, Canadian reinsurers have a responsibility to manage their assets diligently and deploy capital based on expected returns
4 min read
Small and mid-size insurers are facing increasing competition against big players with even bigger resources
7 min read
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